Five tyre firms operated as cartel, finds CCI probe

Between 2011 and 2014, they indirectly determined the price of tyres in the market, says report The investigation wing of the Competition Commission of India (CCI) has found Apollo Tyres, MRF,......

Will GST 2.0 lead to changes in tax rates?

Assembly elections coming up in November and December could offer a window of opportunity to the government to make GST attractive through rate cuts. Illustration: Uttam Ghosh/Rediff.com Goods and......

Budget 2019: Why car prices are likely to go up

Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable. The......

Markets end higher on rate cut hopes

Markets ended 2% higher on Friday, amid firm global cues, led by financials after headline inflation in May which remained within RBI's comfort zone for the second straight month and stabilising......